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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1462 |
Essay's paper body
Because account reconciliations are so important under Sarbanes-Oxley, adopting a continuous improvement process with a goal of reconciling all accounts before the post-closing adjustment review process will enhance the internal controls of the organization.
Corporate Governance
It was not that long ago that a seat on a corporate board was considered a plum assignment...
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Such a position brought stature and modest financial rewards without requiring much time, effort or personal risk. Due to a spate of high-profile scandals and other publicized cases of corporate misdeeds, the governance bar has been raised, for both company executives and board members.
In order to keep influence to a minimum the board of directors should be: (1) selected by a nominating committee rather than the CEO; (2) provide more equity compensation for directors; and (3) have more director control of board meetings through the appointment of a lead director or outside chairman, annual CEO reviews, and regular sessions with outside directors only (Chew-Gillan, 2004)...
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General points of the essay
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